Team presentation order will be determined by a random drawing. At registration, Teams will receive their team number and presentation times for Rounds 1 & 2 and Elevator Pitches.
One member from each Team will give a one (1) minute Elevator Pitch on Friday afternoon, April 4, 2014.
All Teams will give Round 1 presentations on Friday evening, April 4, 2014.
Judges will provide feedback to each Team after all Round 1 presentations are completed.
All Teams will give Round 2 presentations on Saturday morning, April 5, 2014.
The public and media will be invited to observe the Elevator Pitches and attend the Award Ceremony on Saturday, April 5, 2014.
Monetary and in-kind prizes will be awarded for 1st Place, 2nd Place, 3rd Place, Best Elevator Pitch, Most Improved, and Most Innovative Idea. The Award Ceremony is Saturday afternoon,April 5, 2014.
All decisions by the judges are final.
- Competition Organizer
University of North Dakota Entrepreneurship Department
- *International Event*
- *Available in all states*
- Submission Date
- Business Plan Submission Date
- Awards Date
- Total Prize Cash (US Dollars)
- Who's Eligible
The Challenge is designed for any undergraduate or graduate student enrolled at a university/college in the United States or Canada during the 2013-2014 academic year.
This is not a product plan competition. Business plans should feature viable, sustainable ventures with a demonstrable market need.
The Challenge does not require an entry fee.
Teams may be comprised of an individual student or a group of up to four (4) students, with no more than one (1) non-student member in the group.
Competitors from past Challenges may compete with the same idea as long as they still qualify and did not place in the top three with the same business plan.
The Business Plan must be student-initiated and must have been reviewed and endorsed by a knowledgeable Faculty Advisor at the students’ college or university.
The Business Plan may not be for existing franchises or expansions of existing businesses.
Faculty Advisors are encouraged, but not required to attend.
Each Team must submit the two required documents no later than February 18, 2014:
(1) Executive Summary of the Business Plan, (2) Registration Form
Full Business Plans (electronic and hard copies) must be received no later than March 21, 2014.
The Challenge will invite the top twenty teams to compete in Grand Forks, ND April 4-5, 2014.
o If there are more than twelve submissions, a panel of judges will conduct a blind review to choose the top twelve submissions based on their executive summaries to compete April 4-5, 2014 in Grand Forks, ND.
o If a Team withdraws from the competition, the next ranked Business Plan on the waitlist will be selected. We encourage all Teams on the waiting list to continue working on their Business Plans.
- Important Dates
February 18, 2014 – Submit Registration Form and Executive Summary.
March 3, 2014 – Top twelve teams will be notified.
March 21, 2014 – Full Business Plans must be received by this date.
April 4-5, 2014 – Compete in Giants Entrepreneurship Challenge!
- Competition Prizes
1st Place Prize – sponsored by JLG Architects - $5,000
2nd Place Prize – sponsored by the Entrepreneurship Department - $2,000
3rd Place Prize – sponsored by the Center for Innovation - $1,000
Best Elevator Pitch – sponsored by TBA - $250
Most Innovative Idea – sponsored by TBA - $250
Most Improved Team – sponsored by Rhombus Guys- $250